Love & Money Crossword Challenge

2. Borrowed money that must be repaid with interest.
4. A person who signs a loan with you and agrees to be responsible.
5. Consolidation, A loan that combines multiple debts into one payment.
7. The annual cost of credit expressed as a yearly interest rate.
8. Credit, A type of credit where you can borrow repeatedly up to a limit.
9. The method of paying off the smallest debts first.
11. The amount of money originally borrowed.
13. A type of bankruptcy where assets are sold to repay debt.
14. The percentage that lenders use to measure your monthly debt compared to income.
15. One of the “Big Three” credit reporting agencies.
17. A business that specializes in collecting unpaid debt.
19. Money owed that reduces future income.
21. The process of paying back a loan in equal monthly payments.
23. The period of time you have to repay a loan.
24. When you borrow against your credit card to get cash.
25. The total amount you currently owe.
26. A type of credit involving fixed payments over time.

1. A fee charged for using credit.
3. A claim placed on property when a borrower owes money.
4. Property promised to a lender if a borrower defaults.
6. The maximum debt guideline that suggests no more than 20% of annual income and 10% monthly payments.
10. A strategy that focuses on paying off highest interest first.
12. The rate charged for borrowing money.
13. A number that summarizes your creditworthiness.
16. A detailed listing of your credit history.
18. A forced sale of property due to missed loan payments.
20. A credit check that can hurt your credit score if done often.
22. The legal process that can eliminate certain debts but damages credit.